Archive for 2018

Smart beta adoption grows but challenges remain, finds FTSE Russell

May 21st, 2018 | By
Rolf Agather, managing director of North America research, FTSE Russell

According to the fifth annual FTSE Russell smart beta survey, 48% of asset owners globally have an existing allocation to smart beta strategies, the highest proportion since the survey began. Rolf Agather, managing director of North America research, FTSE Russell, said, “With five years of results for our global smart beta survey, we are able to offer unique insight across the industry on how the preferences and needs of our global clients are changing.” Despite a strong growth in adoption, FTSE Russell notes that educational shortfalls remain.



Lyxor launches multi-factor long/short equity ETF

May 21st, 2018 | By
Lyxor launches multi-factor long/short equity ETF

Lyxor has launched the Lyxor Scientific Beta Developed Long/Short UCITS ETF on Euronext Paris, London Stock Exchange, and Borsa Italiana. The smart beta fund provides exposure to an equity market neutral index that takes a long position in a number of portfolios designed to maximise exposure to different factors while shorting the broad cap-weighted market.



First Trust unveils multi-asset addition to Dorsey Wright ETF suite

May 21st, 2018 | By
Dorsey Wright determines ‘relative strength’ by comparing the price performance, or momentum, between asset classes.

First Trust Advisors has launched the First Trust Dorsey Wright DALI 1 ETF (DALI US) on Nasdaq Exchange. The fund dynamically adjusts its exposure across four broad asset classes based on price momentum signals analysed by relative strength specialist Nasdaq Dorsey Wright.



Pacer introduces suite of real estate sector ETFs

May 18th, 2018 | By
Retail Real Estate ETFs

Pacer ETFs has launched a suite of three new funds on NYSE Arca that provide access to real estate investment trusts (REITs) focusing on different sectors of the US property market. The ETFs target traditional bricks-and-mortar retail REITs as well as REITs standing to gain from the ongoing e-commerce revolution.



Versatility drives greater ETF use among European institutions

May 18th, 2018 | By
ETFs gaining popularity with Asian institutional investors, finds Greenwich Associates

ETFs deliver the versatility that European institutional investors want in the current fast-changing global market environment, according to a recent study by Greenwich Associates. “After multiple years of regular use, European institutions have found ETFs to be simple, versatile and cost-effective tools, and they are ramping up their investments at a rapid clip,” says Greenwich Associates managing director, Andrew McCollum.



First Trust Canada launches actively managed international equity ETF

May 17th, 2018 | By
First Trust Canada launches actively managed international equity ETF

First Trust Portfolios Canada has launched the First Trust International Capital Strength ETF (FINT CN) on Toronto Stock Exchange. The actively managed fund invests in equity securities of developed market companies, excluding the US and Canada, with a focus on fundamental strength and growth.



WisdomTree launches world’s first CoCo bond ETF

May 17th, 2018 | By
Rafi Aviav, WisdomTree Head of Product Development in Europe

WisdomTree has launched the WisdomTree AT1 CoCo Bond UCITS ETF (CCBO LN) on London Stock Exchange, providing exposure to contingent convertible (CoCo) bonds issued by financial institutions from developed European countries. Rafi Aviav, WisdomTree head of product development in Europe, said, “This is a major development for investors globally who can now, for the first time, gain diversified exposure in a UCITS structure to the AT1 CoCo market with the ease and efficiency of trading an ETF.”



Vanguard makes case for passive approach to China

May 17th, 2018 | By
Vanguard makes the case for a passive approach to China

While the volatility and inefficiencies of the Chinese equity market – inherent in most emerging market countries – lends itself to opportunities for active investment management, ETF provider Vanguard highlights that picking winners can be difficult over the long term. Instead, the asset management giant proposes that a low-cost and highly diversified indexing strategy is a good approach in any market, including China.



Global X launches AI and big data ETF

May 17th, 2018 | By
Alex Ashby, director of product development at Global X

Global X Funds has launched the Global X Future Analytics Tech ETF (AIQ US) on Nasdaq Exchange. The fund provides access to companies that are generating vast amounts of data and developing proprietary artificial intelligence (AI) systems to derive actionable insights from that data. Alex Ashby, director of product development at Global X, said: “Given AI’s potential to impact a variety of sectors, we believe it is poised to become one of the most significant technological innovations of the modern era.”



Four ETF trends show cautious optimism for 2018

May 17th, 2018 | By
Four ETF trends show cautious optimism for 2018

By Martin Small, head of US iShares at BlackRock.

Recent flows suggest that investors are priming for a rougher but hopeful future. Here’s where the money went and why.